On Prime Minister’s birthday, KVIC launches series of schemes to empower artisans in Varanasi

Contents1 What is the News?2 What is the SPIN Scheme?3 Key Features of SPIN Scheme4 What is Kashi Pottery Cluster?5 About Scheme of Fund for Regeneration of Traditional Industries (SFURTI) What is the News? Khadi and Village Industries Commission (KVIC) has launched a Scheme called SPIN (Strengthening the Potential of India). It has also set… Continue reading On Prime Minister’s birthday, KVIC launches series of schemes to empower artisans in Varanasi

Recommendations of 45th GST Council Meeting

What is the News? The Finance Minister has chaired the 45th Goods and Service Tax (GST) Council meeting. This was the first in-person GST meet since the Covid-19 pandemic. What are the key recommendations made at the GST Council meeting? Concession on Medicines Life-saving drugs Zolgensma and Viltepso used in the treatment of Spinal-Muscular Atrophy… Continue reading Recommendations of 45th GST Council Meeting

A new method developed to convert poultry feather & wool waste to animal feed & fertilizer

Contents1 What is the News?2 What is Keratin Waste?3 What is the potential use of Keratin waste?4 What have the Indian Scientists developed? What is the News? Scientists from the Indian Institute of Chemical Technology (IICT) have developed an innovative way to convert keratin waste into fertiliser and animal feeds. What is Keratin Waste? Keratin… Continue reading A new method developed to convert poultry feather & wool waste to animal feed & fertilizer

Government sets up ‘bad bank’ to clear the NPA mess

Contents1 What is the News?2 What is NARCL?3 What is India Debt Resolution Company Ltd (IDRCL)?4 How will the NARCL and IDRCL work? What is the News? Cabinet has cleared a ₹30,600-crore guarantee programme for securities to be issued by the National Asset Reconstruction Company Limited(NARCL) for taking over and resolving non-performing assets(NPAs). What is… Continue reading Government sets up ‘bad bank’ to clear the NPA mess

NITI Aayog Launches Report on Reforms in Urban Planning Capacity in India

Contents1 What is the News?2 What are the Key Findings of the Report?3 Recommendations of the report on Urban Planning4 Recommendations of the report on Urban Planning Education5 Other Recommendations of the report What is the News? NITI Aayog has launched a report titled ‘Reforms in Urban Planning Capacity in India’. Read more: NITI Aayog… Continue reading NITI Aayog Launches Report on Reforms in Urban Planning Capacity in India

EU unveils Indo-Pacific strategy

What is the News? The European Union has released a new Indo-Pacific strategy for boosting economic, political and defence ties in the Indo-Pacific. Why an EU Strategy for the Indo-Pacific? The Indo-Pacific region is increasingly becoming strategically important for the EU. The EU is already the top investor, the leading development cooperation partner and one… Continue reading EU unveils Indo-Pacific strategy

PFC issues India’s first-ever Euro Green Bond

What is the News? Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has issued its maiden Euro Green Bond. What is a Euro Green Bond? It is the first-ever Euro denominated Green bond issuance from India. Moreover, it is the first-ever Euro issuance by an Indian NBFC and the first Euro… Continue reading PFC issues India’s first-ever Euro Green Bond

Explained: What are the tarballs that have resurfaced on Mumbai’s beaches?

What is the News? Recently, black oil-emanating balls also called Tarballs were seen lying on the shore of Mumbai Beach. What are Tarballs? Tarballs are dark-coloured, sticky balls of oil that form when crude oil floats on the ocean surface. They are transported from the open sea to the shores by sea currents and waves.… Continue reading Explained: What are the tarballs that have resurfaced on Mumbai’s beaches?

Low carbon bricks developed using construction and demolition waste for energy-efficient walling envelopes

Contents1 What is the News?2 What are Low-C Bricks?3 Why were Low-C Bricks developed?4 What are the benefits of Low-C Bricks? What is the News? Scientists from the Indian Institute of Science(IISc) have developed an energy-efficient carbon brick called ‘Low-C Bricks’. What are Low-C Bricks? Low-C Bricks are low carbon bricks developed using construction and demolition… Continue reading Low carbon bricks developed using construction and demolition waste for energy-efficient walling envelopes

New defence office complex opened

What is the News? The Prime Minister has inaugurated the Defence Offices Complexes at Kasturba Gandhi Marg and Africa Avenue in New Delhi. What are Defence Office Complexes? Defence Office Complexes has been constructed as a part of the Central Vista redevelopment project. These complexes will accommodate around 7,000 officials from the Ministry of Defence… Continue reading New defence office complex opened

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